The Powerball is now over a billion dollars, which means that Montana could have a new billionaire soon. If you were to win all that money, what would buy?
First, check to see if you and I are friends on Facebook at least. Just kidding. A lottery jackpot win is a serious matter and there are some things to do and NOT do if you find out you're a winner.
Well, for starters, for 25 million you can buy your own town. Yep. A whole town, just for you. The actual price is 25,525,000...but what's half a million dollars when you are worth over a quarter of a billion, right?
On Wednesday, the Powerball lottery reached a record $587.5 million. So far two winning tickets have been announced, one in Arizona and one in Missouri. But there's at least one more guaranteed winner: the Internal Revenue Service.
Lottery winners can take their prize in the form of a lump sum or an annuity paid over the next 29 years...